Andy Martin is a Senior Director with Alvarez & Marsal Taxand, LLC in Washington, D.C. He brings more than 14 years of public accounting experience in advising corporate clients on federal taxation matters. Mr. Martin focuses on helping clients claim, document and sustain tax incentives, including research tax credits and investment tax credits. He also assists clients with tax planning, tax compliance and examination assistance.

Mr. Martin has advised numerous Fortune 500 clients across a variety of industries, including aerospace and defense, financial services, construction and manufacturing. His experience has ranged from sophisticated multi-year claims to isolated consulting projects.

Prior to joining A&M, Mr. Martin was a manager with Deloitte & Touche and KPMG.

Previously, he was with PricewaterhouseCoopers and Coopers & Lybrand.

Mr. Martin earned a bachelor's degree in accounting, a master's degree in business administration and a J.D. from Indiana University.

Final internal use software regulations add some complexity but provide taxpayers with an opportunity to qualify additional software research. With the issuance of Treasury Decision (TD) 9786 on October 4, 2016, taxpayers at long last have the final internal use software (IUS) regulations that they have so patiently awaited since 1986.

If you haven’t heard, the latest installment of the Star Wars saga arrived in theaters in mid-December. Incredibly, it’s been almost 40 years since the original Star Wars premiered. In that first episode, Luke Skywalker and a plucky group of rebels band together to destroy the Galactic Empire’s Death Star. In the sequel, The Empire Strikes Back, the Galactic Empire, led by evil Darth Vader, pursues and captures many of the rebels and severely wounds Luke Skywalker.

This edition of Tax Advisor Weekly focuses on how key aspects of the proposed regulations may affect how taxpayers identify and substantiate IUS-related costs as part of their future R&D credit calculations.

Last year, many early-stage companies significantly reduced payroll taxes thanks to a new federal tax credit including many of our start-ups in the tech industry. The Qualified Small Business (QSB) R&D Tax Credit, passed into law in 2015, allows qualified small businesses to offset OASDI (i.e. social security) taxes with R&D tax credits originally claimed on federal income tax returns. The 2018 calendar year presents yet another opportunity for companies to realize these savings. How are these credits achieved?